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You actually have one more item going favorably

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bernardsamuel   Thursday, 03/03/16 01:51:10 PM
Re: T695 post# 15
Post # of 38 
You actually have one more item going favorably for you, namely that there's an SEC filing linked on this very website that shows that the CEO just picked up on Monday 50K shares at $3.855 each. That's a lot of faith put in the company by someone who knows everything there is to know. ...and I think that might partly explain why the stock price has begun to rebound. Overall, the SEC filing says the CEO owns 175K shares.

For whatever little my opinion is worth, I would believe that the real money to be made in this stock will happen if and when the company can divest itself of its Metals and Minerals division. The Seeking Alpha report was not optimistic in that regard, but I think that the investment banker retained by the company is pretty damn good and likely will find a buyer.

Again, I wish you well, and I'm just here to put info onto this board so that people interested in the stock can have more data that they can use to make up their own minds as to where the stock is headed. My own strongest belief is that the current holders are fortunate that it's early in the calendar year, as tax loss selling could be depressing in November and December.

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